Is anyone moving now?

Author
Discussion

ooid

4,079 posts

100 months

Tuesday 3rd August 2021
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nick30 said:
They explained it would be highly likely to go through much easier. They would quickly sort my sale and then all legals for the house I am buying from said agent. I am tempted because although I know the other solicitor they have been slow and have made errors in past.
Check the terms and conditions of any solicitor whoever recommend. Once, I had to withdraw my sale offer after4 weeks in the process ,as the vendor's solicitor was only working 2 days a week and was extremely slow to progress. I recommended vendor to change them, they did not an I pulled out. Not many people understands this but hehe

On a different note, I have been using my solicitor for the last 10 years, and did probably over 4 sale/buys together. He has been a bit expensive than average ones here ,but I can call him whenever I want during the process, which is absolutely necessary. Our last transaction took just 4 weeks from making an offer to completion. (FWIW, the property was also vacant)

C70R

17,596 posts

104 months

Tuesday 3rd August 2021
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greygoose said:
nick30 said:
Thanks Mr Whippy I will search around and ask some friends for recommendations then but part of me thinks I should just go with them still bearing in mind solicitor cost I was quoted seems reasonable. I want this to be quick as possible so I am trying to tick all the boxes as fast as I can.
This is a big purchase, stop thinking short term and get some proper advice from an independent solicitor not connected to the seller and estate agent, you could regret this decision for years!
Agreed.

You could take the easy way out, and potentially cause yourself a lot of stress and aggro.

Or you could do some research, talk to friends and family, and find a solicitor who comes with an unbiased recommendation.

Caddyshack

10,724 posts

206 months

Tuesday 3rd August 2021
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L_G said:
The Law Society seems to think its a problem

https://www.lawgazette.co.uk/practice/society-call...
Yes, many do. A lot of big firms offer any amount added to the fee as kick back with others offering £100 to £300 per transaction I.e. sale and purchase could be £600 although I think the norm is around £100-150 per transaction.

Caddyshack

10,724 posts

206 months

Tuesday 3rd August 2021
quotequote all
L_G said:
The Law Society seems to think its a problem

https://www.lawgazette.co.uk/practice/society-call...
Yes, many do. A lot of big firms offer any amount added to the fee as kick back with others offering £100 to £300 per transaction I.e. sale and purchase could be £600 although I think the norm is around £100-150 per transaction.

bodhi

10,453 posts

229 months

Tuesday 3rd August 2021
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I will admit, we've gone with the Solicitors recommended by the EA, simply because if the sale falls through most of the fees won't be payable, and what we have paid for searches will just roll over to the next place we try to buy. It does mean we're paying an extra £200 over what we had been recommended, but as massively anxious first time buyers, the above seemed to give us some cover in case the worst should happen.

They've been OK so far, not the best at answering the phone, but emails are normally responded to fairly quickly.

essayer

9,058 posts

194 months

Tuesday 3rd August 2021
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fwiw it's a terrible idea
Your estate agent and now your conveyancer need you to complete to get paid

If there's some awkward issue of title that comes up at the last minute are you going to trust your solicitor not to ignore it? Because one day, when you sell this house, your buyer's solicitor won't.

talksthetorque

10,815 posts

135 months

Tuesday 3rd August 2021
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Three viewings, first cheeky offer received, 5% under asking, oh, and we need you to move out in a month. Not got our eye on anything, but have a solution if we get the right offer.
Thanks for your interest, we said we'd move out quickly for the right offer but you're absolutelyfkingmilesoff not quite there with that one.

nick30

1,567 posts

171 months

Tuesday 3rd August 2021
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Many thanks for your help, it wasn’t an easy decision but I have made the agents team know I have an efficient solicitor that can help me deal with it. I went with my dads recommendation. A company in Norfolk not that it makes a difference these days.


RC1807

12,523 posts

168 months

Tuesday 3rd August 2021
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I'd commented before that we're in the process of a BTL flat in sunny Bormuff.... the seller's solicitors have been utter dogste, not sending information that's been requested time after time, then chasing our solicitors for updates! #

Now the seller has binned their dogste solicitor and changed to another firm. We're grateful of that change, but it's already been 3 months or so and our solicitor hasn't seen the inventory of what's included in the sale, the lease pack, etc.

It looks like it's going to be a few more months yet - on a cash purchase with zero chain.
Ho, hum.

Flooble

5,565 posts

100 months

Tuesday 3rd August 2021
quotequote all
nick30 said:
Many thanks for your help, it wasn’t an easy decision but I have made the agents team know I have an efficient solicitor that can help me deal with it. I went with my dads recommendation. A company in Norfolk not that it makes a difference these days.
Good for you, not being pushed around. Good luck with the purchase.

Mr Whippy

29,024 posts

241 months

Tuesday 3rd August 2021
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My usual solicitor was too busy so we’ve gone with a new small solicitors 1.5hrs away... but it’s a run that includes butter tubs pass, soooo.

The neighbouring property used them. We did our 4th recce of the property today and bumped into them, and asked how their conveyancing went.
Seems this solicitor is one her family have used for years.

Called them and they seemed really great, spent a good 10mins talking it through before we’d even committed to them.
Then another 5 mins confirming what’s next and getting the ball rolling.

Then checked they were all legit on the solicitor register.
The did some googling to get a feel for things.

Choosing a good conveyancing solicitor shouldn’t be too hard... the smaller practices in particular who just pick up the phone and have just a small two or three people in the loop conveyancing team feel easy to work with.


Next job. Sorting movers. And a snagger. And measuring up the store room for units for all the stuff that we don’t have a garage for at the new place hehe

The ArtfulBodger

241 posts

37 months

Tuesday 3rd August 2021
quotequote all
nick30 said:
Many thanks for your help, it wasn’t an easy decision but I have made the agents team know I have an efficient solicitor that can help me deal with it. I went with my dads recommendation. A company in Norfolk not that it makes a difference these days.
Good man!

Hope it all goes well for you.

bennno

11,616 posts

269 months

Tuesday 3rd August 2021
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RC1807 said:
I'd commented before that we're in the process of a BTL flat in sunny Bormuff.... the seller's solicitors have been utter dogste, not sending information that's been requested time after time, then chasing our solicitors for updates! #

Now the seller has binned their dogste solicitor and changed to another firm. We're grateful of that change, but it's already been 3 months or so and our solicitor hasn't seen the inventory of what's included in the sale, the lease pack, etc.

It looks like it's going to be a few more months yet - on a cash purchase with zero chain.
Ho, hum.
Have you checked an EWS1 exists? I’d tell the selling agent that your purchase is time sensitive, your vendor should have completed those forms and initiated the leasehold information so they should be able to forward by their new solicitor.

bennno

11,616 posts

269 months

Tuesday 3rd August 2021
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fesuvious said:
I was handed a call earlier today,

Lady who is currently on holiday. Back tomorrow

Agent has told her if she doesn't complete on Monday her buyer will pull out. Her solicitor emailed almost at same time to say can exchange by Friday

Collusion, anyone?

She hadn't heard a thing for a couple of weeks. Knew nothing of this date etc.

She was crying on the phone.

Her words were 'i feel bullied'. And 'the agent has told me I will ruin other people's sales if I don't move'.

Crying.

Nobody here be fooled. For most agents and conveyancers you're just a fking file, and a fee.

As for the comments about 'wont have to pay if the sale doesn't go through' - you poor deluded fool (not your fault).

No sale, no fee.

Known throughout the market as 'will do fk-all until the last moment, cause huge stress, likely cause fall throughs or threats and generally be utter ste'.

Think about it, would you do anything if you weren't being paid?

No they'll wait until everybody else is way down the track before starting
Sorry but what’s the backstory, has she bought somewhere else, or where is she going?

Why sympathy for lady if she’s agreed to sell and used an agent and a solicitor, plus her buyer has incurred legal costs.

If she can’t find an onward purchase then she should have been communicating that to the chain.

bennno

11,616 posts

269 months

Tuesday 3rd August 2021
quotequote all
fesuvious said:
Nope, she's in the middle

Nobody had told her anything. Clearly then landed it on her.

But then over a quarter of a century I've had hundreds like this.
So it’s her solicitors job to make sure above chain also ok, agree to exchange Friday, push completion by 7-14 days to enable packing, removals firms etc.

The ArtfulBodger

241 posts

37 months

Tuesday 3rd August 2021
quotequote all
surveyor said:
Equally they will deal with a lot of solicitors and will know who is good and who is bad. The difficult bit is working out if the recommendation is due to performance or 'favours'.
All true!

In our chain of 4 houses our buyer had an utterly useless solicitor that could well have put the brakes on the whole job - he was on the EA’S recommend list.

He’s definitely not on my Christmas list - nor our buyers judging by some of the texts I had venting his frustration at the delays and incompetence he was footing the bill for.

surveyor

17,811 posts

184 months

Wednesday 4th August 2021
quotequote all
Confused by the discussion above. If I was a pissed off buyer and I wanted to apply pressure would

A. Issue deadline to vendors agents.
B. Tell my solicitors the same deadline and suggest they pass this on to their counterparts and get a shift on.
C. I’d be passing this deadline all around the chain.

The fact that she’s on holiday just went she should be moving house makes me a bit less sympathetic. How can it be a complete surprise that her solicitor is ready to exchange?

Mr Whippy

29,024 posts

241 months

Wednesday 4th August 2021
quotequote all
bennno said:
RC1807 said:
I'd commented before that we're in the process of a BTL flat in sunny Bormuff.... the seller's solicitors have been utter dogste, not sending information that's been requested time after time, then chasing our solicitors for updates! #

Now the seller has binned their dogste solicitor and changed to another firm. We're grateful of that change, but it's already been 3 months or so and our solicitor hasn't seen the inventory of what's included in the sale, the lease pack, etc.

It looks like it's going to be a few more months yet - on a cash purchase with zero chain.
Ho, hum.
Have you checked an EWS1 exists? I’d tell the selling agent that your purchase is time sensitive, your vendor should have completed those forms and initiated the leasehold information so they should be able to forward by their new solicitor.
We had a cash buyer with a glacial cretinous solicitor.
The buyer was so meek seeming that they must have let the solicitor walk all over them.

A no chain house direct to cash buyer. It should have been 6-8 weeks. I think it was 4 or 5 months!

We really should have been more threatening on our deadlines but when we didn’t stick to it I think the buyers solicitor just got even more complacent.

SweptVolume

1,091 posts

93 months

Wednesday 4th August 2021
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tracer.smart said:
What are EA’s charging to sell places at the moment? A mate is flogging his place at £1.5m, EA is charging 0.75%. Last time I sold, the fee was 1.5%. It seems there is little good quality stock being listed, so I guess competition amongst agents is very high?
I contacted three agents. Two charged 1%+VAT and one charged 1.5%+VAT. Interestingly, the more expensive one was the most stereotypically an estate agent of the three, acting in a cocky and presumptive manner. The other two were far more respectful and professional.

kingston12

5,480 posts

157 months

Wednesday 4th August 2021
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SweptVolume said:
I contacted three agents. Two charged 1%+VAT and one charged 1.5%+VAT. Interestingly, the more expensive one was the most stereotypically an estate agent of the three, acting in a cocky and presumptive manner. The other two were far more respectful and professional.
Were they with one of the big name agencies?

Last time I looked at selling the highest quotes were from Foxtons and Dexters who were very much like that. The local ones were not at all like that and half the price.